MODE_TICKSIZE - Tick size in points?

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Hi there,

For a typical symbol (say GBPUSD) MODE_POINT = 0.0001

In the MT4 programming documentation it says that...

MODE_SPREAD = Spread value in points.
MODE_STOPLEVEL = Stop level in points.
MODE_TICKSIZE = Tick size in points.

With my brokers I typically see a value for MODE_SPREAD of 4, MODE_STOPLEVEL of 5 and MODE_TICKSIZE of 0.0001.

If MODE_TICKSIZE is the tick size in Points then shouldn't MODE_TICKSIZE be reported as being 1 rather than 0.0001?

It seems like MODE_TICKSIZE is being reported as being the ticksize in the quoted currency rather than the tick size in points.



Regards,

Laurence.
 
Yes. It is our error in description. Tick size is price (not points!) value. Thank You.
 
No problem
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